A New Constitution Could Spur
Europe's Economy to Greatness

Europe is congratulating itself over the launch of the euro, but the continent's economic future may depend on a much different project: writing a European Union constitution.

Over the next year, a constitutional convention headed by former French President Valery Giscard d'Estaing will wrestle with many of the issues that bedeviled James Madison and the Philadelphia constitutional convention of 1787.